|
|||||
|
My name is Bill Ryan. I am a lawyer now working as a Legal Consultant specialising in Wills, Trusts and Estate Planning for Your Will Matters.
I am a member of the Institute of Professional Willwriters, an Affiliate of the Society of Will Writers and a Commissioner for Oaths. You can me on 01225 582582 or 07942 959599. |
This has been a busy period for me as more people have made enquiries than normal. I think it is the New Year resolution ‘thing’. I would agree that the New Year is a good time to write your Will. So is February. Anytime soon is the absolute best time to do it though. So don’t put it [...] This is a bold statement to make but there are two good examples I can cite. Picture two elderly parents who own their property as joint tenants. When one dies the survivor will be the sole owner of the property. If the surviving parent goes into care then the value of the property, save the exemption [...] A Will has a lot in common with life insurance. When you make a Will you know that you will not benefit from it yourself. Most people believe it is the right and proper thing to do because it provides a better outcome for the loved ones ‘left behind’. Yet surprisingly over 60% of adults in the [...] Many British people spend lengthy periods living and working abroad. They form ‘expat’ communities in many parts of the world. One increasingly popular destination is Dubai in the United Arab Emirates (UAE). So if you are living in Dubai, for example, do you know what happens there if you die intestate? Are you confident that [...] If you have remarried you may think that one way or another your estate (i.e. your property and money) will go to your children. You may be wrong! Look at this example: Alan & Betty Smith have 3 grown up children when they divorce. The money and assets are then split equally so that they each have £300,000. Betty [...] You may have heard the term Estate Planning but you could be forgiven for not really knowing what it means. The basic premise is that it is to make sure your family is taken care of if something happens to you. For many people this can mean financial planning, lifetime gifts, drafting a Will and setting up [...] A Will is a legal document left by the deceased giving instructions on what should happen after his/her death and how the estate should be divided. Everyone knows they should have one, but often do not understand why. It is the single most important part of effective Estate Planning. What happens when there is no Will? Making [...] Watching our parents get older can be difficult. Our parents are the ones who made sure we were safe and secure, who advised us and who we looked up to. They have always been there for us. As we become adults and parents ourselves we can see our parents are ageing. Frequently the roles and responsibilities [...] There are many people who choose to live together without getting married or becoming civil partners. The idea of ‘common law marriage’ is a bit of folklore that permeates many peoples thinking. The belief that they will automatically benefit from legal safeguards if their relationship breaks down or one partner dies is quite wrong. Their relationship with [...] Well if you are betting on the Grand National that would be a good bet according to the bookmakers. If it’s a gamble on doing a DIY Will that is another matter. You can save a bit of money now but the cost to your family in terms of emotional turmoil and potential disputes could be [...] |
||||
|
Copyright © 2010 Your Will Matters |
|||||
